Tidewater Inc.
NYSE•TDW
CEO: Mr. Quintin V. Kneen CPA
Sector: Energy
Industry: Oil & Gas Equipment & Services
Listing Date: 1980-03-17
Tidewater Inc., together with its subsidiaries, provides offshore support vessels and marine support services to the offshore energy industry through the operation of a fleet of marine service vessels worldwide. It provides services in support of offshore oil and gas exploration, field development, and production, as well as windfarm development and maintenance, including towing of and anchor handling for mobile offshore drilling units; transporting supplies and personnel necessary to sustain drilling, workover, and production activities; offshore construction, and seismic and subsea support; geotechnical survey support for windfarm construction; and various specialized services, such as pipe and cable laying. The company operates anchor handling towing supply vessels, platform supply vessels, crew boats, utility vessels, and offshore tugs. The company serves integrated and independent oil and gas exploration, field development, and production companies; mid-sized and smaller independent exploration and production companies; foreign government-owned or government-controlled organizations, and other related companies; offshore drilling contractors; and other companies, such as offshore construction, windfarm development, diving, and well stimulation companies. Tidewater Inc. was incorporated in 1956 and is headquartered in Houston, Texas.
Contact Information
842 West Sam Houston Parkway North, Suite 400, Houston, TX, 77024, United States
713-470-5300
Market Cap
$3.81B
P/E (TTM)
11.4
26.6
Dividend Yield
--
52W High
$88.99
52W Low
$31.17
52W Range
Rank56Top 81.7%
2.5
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 2.5 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025
Financial Dashboard
Q4 2025 Data
Revenue
$336.80M+0.00%
4-Quarter Trend
EPS
$4.44+0.00%
4-Quarter Trend
FCF
$147.81M+0.00%
4-Quarter Trend
2025 Annual Earnings Highlights
Key Highlights
Net Income Jumps 86% Net income reached $333.5M USD, reflecting 86% increase from $179.3M USD reported in 2024.
Average Day Rates Increase Average vessel day rates rose $1.3K USD to $22.6K USD in 2025, showing 6.1% improvement over prior year.
Major Acquisition Announced Agreement signed February 2026 to acquire Wilson Sons Ultratug for $500.0M USD cash, expected close late Q2 2026.
Total Revenue Hits $1.35B Total revenue was $1.353B USD in 2025, up 1% ($6.951M USD increase), despite selling 12 vessels.
Risk Factors
Customer Spending Dependency Demand remains substantially dependent on customer capital spending, which is highly sensitive to volatile oil and gas prices.
Climate Regulation Uncertainty Evolving climate change regulations and sustainability standards could adversely affect reputation, operations, and financial position.
Fleet Capital Requirements Maintaining current fleet size and acquiring necessary vessels requires significant capital expenditures, limiting flexibility.
Cybersecurity Attack Exposure Reliance on technology systems exposes operations to potential liability or reputational damage from sophisticated cyberattacks.
Outlook
Finalize Wilson Acquisition Expecting customary closing conditions to be met for Wilson Transaction, targeting completion late in the second quarter of 2026.
Debt Structure Optimization Completed $650.0M Senior Notes issuance in 2025, redeeming most outstanding debt, improving financial flexibility.
Navigate Energy Transition Long-term success depends on adapting vessel technology and navigating the energy transition while supporting oil and gas industry.
Manage Share Repurchase Capacity Board approved $590.3M in share repurchase programs during 2025, utilizing capital for stockholder returns.
Peer Comparison
Revenue (TTM)
$4.83B
$4.71B
$4.09B
Gross Margin (Latest Quarter)
92.8%
70.9%
66.2%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| LBRT | $4.59B | 31.0 | 7.3% | 24.5% |
| STNG | $3.90B | 10.8 | 11.3% | 15.8% |
| TDW | $3.81B | 11.4 | 28.1% | 27.4% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
0.3%
Moderate Growth
4Q Net Income CAGR
72.7%
Profitability Improved
Cash Flow Stability
100%
Strong Cash Flow
Deep Research
Next earnings:May 4, 2026
EPS:$0.75
|Revenue:$322.60M
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement | LTM |
|---|
No Data